FOR SALE - 8 Coledale Avenue, Coledale
Price - By Negotiation
Beach Home + 2 Commercial Units
A rare opportunity arises to make a dream come true and own a beach home with an income in one of the friendliest and most sought after suburbs of the Northern Illawarra.
As they say in real estate, it is all about the location. This property is perfectly located, just one block from the ocean, with the commercial units being part of the quaint and friendly Coledale village precinct.
You can leave the hustle and bustle of the city life behind to become your own boss and landlord, living a dream lifestyle while generating income from two successful businesses. The property is Council approved as two separate titles for the residential dwelling and the commercial units.
The residential dwelling is quite separate from the commercial units with its own access from Coledale Avenue, one of the most exclusive waterfront addresses.
The location needs to be seen to be believed. Less than a minutes’ walk takes you to a sandy beach and the ocean rock pool, and another patrolled beach is just a little further along.
Discover what life really has to offer. Wake up and feel like you are on holiday every day… Relax on a sun drenched balcony and watch the whales frolic, grab the board and hit the surf, or take the dog out for a stroll on an off leash beach. This is the life…
And there is excellent fishing from the rock shelf across the road and great snorkeling for the more adventurous.
The property is totally secure with full fencing and security gates. Leave the cars at home and enjoy village life, there is no need to drive as everything you need is at your doorstep.
The home is comfortable and low in maintenance, with scope to modernize to your own taste. The added bonus is a self-contained accommodation downstairs, perfect for extended family or in-laws.
There is potential to convert the garage into additional rooms without compromising on the parking space, if required.
There is secure under cover space for a boat or a caravan, or parking for 6 cars, so you can enjoy family and friends visiting frequently.
Located just moments from the local school and transport, and so easily accessed from Sydney by rail or road, this property would make a great blue chip investment.
Beach house or primary home, this property can fulfill both dreams, here are some options to consider:
1. Buy as an Investment – one residential and two commercial leases
2. Family Home plus Investment - with 2 shops leased and producing rental income
3. Home plus Business - run your our business from the food outlet premises and keep the other unit leased
4. Use the home as a Weekender and do Holiday Letting when not used, while leasing both commercial units
Unit 1 - Hairdresser salon - 31.8m2 floor space, currently on a 5 year lease
Unit 2 – Take Away food outlet – 57.2m2 floor space, currently vacant
2 x toilets + store room
More about Coledale
Coledale is a truly unique suburb, where you can experience a true community spirit and laid back and easy lifestyle, with all facilities close at hand. There are two beaches, main Coledale Beach is patrolled with an active Surf Life Saving Club running a prestigious camp site, where you often find local families camping and enjoying a good time. The second Sharkey Beach is often used by locals to walk their dogs off the leash, by surfers, fly fishing enthusiasts, and by kids exploring numerous tidal rock pools. In between the two beaches there is a large tidal swimming pool, used by swimmers for most of the year.
Other essential facilities include prestigious primary school located literally on the ocean front, with its own whale watching station, and a pre-school childcare centre nearby. Every fourth Sunday of the month the school becomes host for “Coledale Market”, with brick-a-brack stalls, local produce and food stalls, which is very popular among the locals and visitors alike.
In Coledale village itself you will find the RSL club with excellent selection of meals and beers at very reasonable prices. There is also a newsagent/grocery store/café (currently being refurbished and under new management), video hire and a hairdresser salon. Across the road there is a souvenir shop and “Chedo’s” café, known for its’ fine cuisine and excellent coffee, conveniently located next door to the “Coledale Fine Wines” bottle shop.
What more do you need? Oh, there is a train station with around an hour trip to Sydney. Come and experience the lifestyle…
Parking Spaces: 2
Block Size: 407m2 (Approx)
EMAIL AGENT ABOUT 8 COLEDALE AVENUE, COLEDALE